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This Week in Logistics News (August 26 – September 1)

Logistics Viewpoints

The number of package flights operated by FedEx Express and UPS significantly declined month over month in July, underscoring how far the overall air cargo market has sunk since the spring of 2022 and the effect of efficiency initiatives the companies have undertaken in response to lower express volumes. Downing St.

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Uber Freight: Another “Uber-for-Trucking”?

Freightos

Uber Freight: Another “Uber-for-Trucking”? After news broke last month that Uber was unleashing a trucking offering, it came as no surprise when it launched Uber Freight , an online trucking marketplace for US LTL. Load-matching technology (even the Uber For Freight model) isn’t new. That’s a lot of freight. Cargo Chief.

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Freight Abounds, but Rates Return to July Levels

DAT Solutions

We expected the sizzling hot freight market to cool off a little, and it did. The decline is a normal seasonal trend, reflecting a change in the mix of cargo and lanes. Van Freight Abounds, but Rates are Down. We did have a dip in load availability last week but there’s still a lot of freight out there for vans.

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Asian imports turn up the heat for vans on the West Coast

DAT Solutions

This trend repeats every year, as consumer goods from Asia arrive at the ports and begin the eastward journey to regional distribution centers throughout the country. Ships arrived late, and containers were unloaded and drayed to warehouses late, so that cargo is finally heading east and north. Rates fell on the lanes from L.A.

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Rates Rise Unexpectedly in Early August

DAT Solutions

There’s a lot of freight out there for vans right now, and August had a stronger start than any month in more than a year and a half. National average rates recovered 3¢ per mile last week, due to a boom in freight heading into population centers in the Northeast. per mile now, due to a richer mix of load and lane choices.